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Shares in TomCo Energy PLC (AIM:TOM, OTC:TMCGF), the US oil development group, fell over 34% on Monday to 0.03p after it raised £700,000 by selling new shares at a discount. The company issued 2.8 billion new ordinary shares at 0.025p each, a discount of about 35.9% to the closing price of...
TomCo Energy PLC (AIM:TOM, OTC:TMCGF) shares dropped 35% on Monday, falling to 0.035p, impacted by expected new equity dilution, after it announced a renewed partnership with Valkor that leaves the pair jointly controlling Greenfield Energy on a 50:50 basis, as the AIM-listed group looks to...
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